According to Regulations of Connecticut (US) State Agencies, “meat extract” or “extract of beef” without qualification shall not be used on labels in connection with products prepared from organs or parts of the carcass other than fresh meat. Extracts prepared from any parts of the carcass other than fresh meat shall not be labeled “meat extract” but may be properly labeled with the true name of the parts from which prepared. In the case of extracts in fluid form, the word “fluid” shall also appear on the label, as, for example, “fluid extract of beef.” Meat extracts shall contain not more than twenty-five per cent of moisture. Fluid extract of meat shall contain not more than fifty per cent of moisture.
The article cited AMA's "Global Meat Extract Market Study" explored CAGR of 3.39%. According to the report, Growing Trend of Consuming Kosher and Halal-Certified Products is one of the primary growth factors for the market. Increasing Demand for Processed Food Owing To Reduced Meal Preparation Time and Evolving Consumer Lifestyles
is also expected to contribute significantly to the Meat Extract market. Overall, Industrial
applications of Meat Extract, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Form, such as Powder, is boosting the Meat Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution Channel, such as Hypermarket/Supermarket, is boosting the Meat Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Meat Type, such as Beef, is boosting the Meat Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-Use, such as Food & Beverage Industry, is boosting the Meat Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Source, such as Organic, is boosting the Meat Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Meat Extract market identified that the demand is rising in many different parts of the world as "Asia Pacific Region is Likely to Open Lucrative Opportunities for the Market". Furthermore, some recent industry insights like "On 30 Aug 2019, BRF ingredients launched natural meat extract. A natural meat extract, made from chicken or pork broth, can bring umami flavors to soups, broths, and noodles. The ingredients are available in the liquid and powder form." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Meat Extract market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Meat Extract market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Meat Extract market size is calculated using market estimation process, the Meat Extract market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Meat Extract market size has been validated using both top-down and bottom-up approaches.